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SPX Correction
S&P 500 Index
Short
SPX Correction
By BubbleBurster
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Nov 1, 2013
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Nov 1, 2013
Republishing this with skinnier candles as I think it looks better.
Entry 1: 1745, risk 0.1% per 10 points, wide stop
Entry 2: 1770, risk 0.25%, per 10 points, tight stop
If I am stopped out on these trades, right after being stopped out it will reverse.
Record SPX leverage and record highs? This time with a weak dollar?
Sure, I'll take a stab at it.
TP zone is 1670, but as always, I must follow the momentum and price action, not the levels.
I think November could see a touch on 1800, but after that its gotta be game over..
If not I'll lose a little over 1%. Not too bad.
BubbleBurster
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